Is 'Fall Out Boy: The Musical' in the Works?

Having recently kicked off their highly anticipated MONUMENTOUR tour, Fall Out Boy are slated to save rock and roll this summer with the help of co-headlining band Paramore. After shutting down Jones Beach on Saturday, frontman and bassist Pete Wentz stopped by the Fuse studios to chat about the pop-punkers' collaboration.

"One of the things, I think, that we appreciate as a band is that we haven't done a co-headline in a really long time ... Having a band that forces you to raise the bar is awesome," he said, when asked what he loved most about working with Paramore. "We get out there, and they put on an awesome show, and we have to try to top it—but in a good way."

Although the tour doesn't wrap up until late August, Wentz revealed that the fellas are already looking forward to gigs in South Africa, their final set of shows for this album. And as for upcoming projects that fans can look forward to, don't completely write off a Fall Out Boy musical!

"You can put out an EP, you can put out a song, you can put out a movie—as long as you're doing things that are authentic to who you are, I think people are stoked."

Check out the exclusive interview, and don't missTop 20 Countdown tonight at 9/8c on Fuse!